
Affordable
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These days, finding an affordable place to live in the Steele area can be challenging. Home prices in Steele are now at a median cost of $183,212, lower than the Alabama average of $228,911.
The average cost of rent is $844/mo in Steele, primarily driven by the current value of real estate in the Steele area. In Steele, 14.42% of households rent, and 56.71% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Steele is $6,491 per month. Households that rent pay about 13.00% of their income on rent here. Steele’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Whitney, AL: equally priced homes
- Gallant, AL: less expensive homes
- Ashville, AL: equally priced homes
- Pinedale Shores, AL: equally priced homes
- Straight Mountain, AL: less expensive homes
- Curtiston, AL: less expensive homes
- Taits Gap, AL: higher priced homes
- Rainbow City, AL: higher priced homes
- Harrisville, AL: less expensive homes
- Highland Lake, AL: higher priced homes
Cities with Similar Populations
- Argos, IN: less expensive homes
- Defiance, MO: higher priced homes
- Deerfield, NH: higher priced homes
- Claysburg, PA: less expensive homes
- Cathlamet, WA: higher priced homes
- Casco, MI: higher priced homes
- Beresford, SD: higher priced homes
- Bellaire, MI: higher priced homes
- Beggs, OK: less expensive homes
- Willacoochee, GA: less expensive homes
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